Rix Corporation plans to establish a local subsidiary, RIX Vietnam Co., Ltd., in Ho Chi Minh City, Vietnam. Capital is 60 hundred million yen, Rix Corporation will hold 100% of the shares. Business activities will include export\/import, sales, repair and maintenance of industrial machinery and parts. Establishment is scheduled for April 2027. 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Capital is 60 hundred million yen, Rix Corporation will hold 100% of the shares. Business activities will include export\/import, sales, repair and maintenance of industrial machinery and parts. Establishment is scheduled for April 2027. The impact on consolidated results for the fiscal year ending March 2027 is expected to be minor.","jir_summary":"### Overview of Establishing the Local Subsidiary\nRix Corporation plans to establish a local subsidiary in Vietnam under the name RIX Vietnam Co., Ltd. Capital will be 60 hundred million yen, with Rix Corporation holding 100% of the shares. The subsidiary will be located in Ho Chi Minh City. The establishment is scheduled for April 2027, and business activities will include export\/import, sales, repair and maintenance of industrial machinery and parts.\n\n### Future Impact and Outlook\nThe impact on consolidated results for the fiscal year ending March 2027 is expected to be minor. The company intends to strengthen its sales and service structure in the ASEAN market to secure competitive advantages and leverage growth opportunities in the Vietnamese market.","jir_financial_highlights":"Capital: 60 hundred million yen (Unknown)\nShareholding ratio: Rix Corporation 100% (Unknown)\nPlanned establishment date: April 2027 (planned) (Unknown)","jir_category":"","jir_hashtags":"#EstablishmentOfRixCorporationLocalSubsidiary, #ASEANMarketExpansion","jir_key_figures":"Capital: 60 hundred million yen\nShareholding ratio: Rix Corporation 100%\nPlanned establishment date: April 2027","jir_meta_title":"Rix Corporation: Notice of Establishment of Local Subsidiary in Vietnam | Planned April 2027","jir_meta_description":"Rix Corporation will establish a local subsidiary in Vietnam with capital of 60 hundred million yen and 100% ownership. The business will cover export\/import, sales, repair and maintenance of industrial machinery. Impact on consolidated results for the fiscal year ending March 2027 is expected to be minor.","jir_og_title":"Rix Corporation Announces Establishment of Local Subsidiary in Vietnam","jir_og_description":"Establishing a Vietnam base to strengthen business in the ASEAN market. Planned for April 2027 with capital of 60 hundred million yen and 100% ownership.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":57181,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"general_ir","footnotes":""},"sector":[],"importance":[],"class_list":["post-130131","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n